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billion hidden tax. that figure comes from the cato institute which, obviously, has a slant on this. first of all, when you think about it in an industry that generates about $2.7 trillion if revenue, that's a pretty low rate of taxation. but i would argue that it is really more in the nature of an investment than a tax, and it is what makes the rest of the $2.7 trillion possible. but this view of the antagonists has particularly been pervasive in health care. if you look briefly historically, teddy roosevelt first raised the issue of a national universal coverage plan in 1912 in his third party candidacy. he did not succeed. a few years later some of the states picked up the call. that brochure, i know it's hard to read the details, but on the left from 1918 was the pushback that talked about labor's socialistic attempt to take over our health care system. sound familiar? almost 100 years later. in the 1940s, harry truman proposed a similar plan. that was called socialized medicine. if you can see the puppeteer with the marionette, his two contraptions are called socialized and medicine,
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